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Lake Ridge Estates Market Report - Lake Highlands - Dallas, Texas - January 2012

By
Real Estate Agent with United Real Estate Dallas TREC# 0544069

Lake Ridge Estates - Lake Highlands - Dallas, Texas

 

There were 41 sales in Lake Ridge Estates in 2011, up from 35 in 2010.  The average sales price per square foot was down $7 from the average sales price per foot in 2010.

 

2011 Sales

Number of Sales                   41

High Sales Price                   $330,000

Low Sles Price                      $148,000

Average Sales Price              $246,037

Average Sales Price/Sq.Ft.    $122.85

 

Current Listings

Current Active Listings           9

High List Price                      $387,500

Low List Price                       $200,000

Average List Price/Sq.Ft.       $114.18

Low List Price/Sq.Ft.             $85.18

High List Price/Sq.Ft.            $138.00          

 

Active Option Contract       1

List Price                              $269,000

 

Based on the above market information, current active listings offer buyers a tremendous opportunity to purchase a home in Lake Ridge Estates.  At this time,  the average list price per square foot is less than the average 2011 sales price per square foot! This is a rare opportunity to take advantage of value prices and low interest rates.

Visit Lake Ridge Estates, if you are interested in living in the Lake Highlands area of Dallas!  

 

Posted by

 Sharon Parisi,  Realtor®

Helping Dallas area buyers and sellers meet their real estate needs

214-450-3742

Sharon@sharonparisi.com

United Real Estate

Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

Hi Sharon hopefully sells will continue to climb, good luck and happy selling

Jan 30, 2012 01:43 PM
Marge Piwowarski
Phoenix AZ Horse Property - Phoenix, AZ
Phoenix AZ Horse Property, LLC

Sharon, Our local markets seem to have hit bottom last August and are slooooowly improving. 

Jan 30, 2012 04:47 PM
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Sharon, great market update, Same in our area, slowly our market is going up. Happy V Day to you!

Feb 14, 2012 02:25 AM